Bearish flow noted in NetApp with 1,881 puts trading, or 3x expected. Most active are May-24 92.5 puts and Apr-24 98 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.66, while ATM IV is up over 3 points on the day. Earnings are expected on May 30th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTAP: